STATE BANK LEARNING CENTRE TIRUCHIRAPALLI

MODEL-TEST - 02

1. Paripassu charge refers to a charge

a. Ranking equally in Priority.
b. Ranking in proportion to the lenders share in the total advances
c. Which is merely notional in nature
d. None of these

2. As per Rights to Information Act 2005, the application seeking information by an
applicant should be disposed off within a period of

a. 15 days
b. 7 days
c. one month
d. 30 days

3. Who won the Secure Synergy Security Strategist Award 2005?(BFSI Category)

a. ICICI
b. HDFC
c. UTI
d. SBI

4. Pre printed kit is associated with

a. Internet Banking
b. Debit Card
c. Viswa Yatra Card
d. None of the above

5. Instant credit upto Rs._________ will have to be provided to SBI Vishesh customers.

a. Rs.20000/-
b. Rs.25000/-
c. Rs.50000/-
d. Rs.1 lac





6. Special Committee of Directors of SBI is constituted for Monitoring of Large Value
Frauds of _____ and above.

a. Rs. 25 lacs
b. Rs. 50 lacs
c. Rs. 75 lacs
d. Rs. 100 lacs

7. The penalty on pre-closure of housing loan should be credited to

a. Interest Account
b. Exchange Account
c. Commisson Account
d. Charges Account

8. Verification agencies can be engaged in P Segment loans above

a. Rs.5000
b. Rs.10000
c. Rs.15000
d. Rs.20000

9. SBI Fixed rate home loans are given for a maximum tenure of ___years and subject to
force majeure clause and interest rate reset at the end of every two years on the basis of
fixed interest rate prevailing then:

a. 5 years
b. 7 years
c. 10 years
d. 12 years

10. What are the major heads under which the stationery items can be classified?

a. Five
b. Four
c. Three
d. Two

11. To avail a loan under SBI Optima account should be satisfactorily conducted at our
Bank (or the bank where the loan account is now maintained for a maximum period of
___years)

a. 1
b. 2
c. 3
d. 5



12. Who has introduced KYC guidelines in banks?

a. Central Government
b. State Government
c. RBI
d. SBI

13. The scheme where pledge of liquid securities can be accepted instead of mortgage of
immovable properties is known as

a. SBI Maxgain
b. SBI Credit Khazana
c. SBI Freedom Home loans
d. SBI Optima

14. While opening a letter of credit, we debit

a. LCs issued account
b. Unit (applicants account)
c. Constitutents Liability on LC issued
d. None of these

15. No surety or affidavit need to be obtained for settlement of deceased constituents
claims upto the following limit?

a. Rs.1000/-
b. Rs.10000/-
c. Rs.1 lac
d. Any amount

16. Balance of payment is calculated by RBI based on
__________returns.

a. R returns
b. BEF
c. XOS
d. None of these

17. The authorised capital of SBI is

a. 10000 crores
b. 1000 crores
c. 526.30 crores
d. 500 crores

18. Loss before charging depreciation is known as

a. Cash Loss
b. Operating Loss
c. Loss at Break even point
d. Accumulated loss
e. None of these

19. The Uniform Customs and Practices for documentary credits are drawn by

a. RBI
b. FEDAI
c. IBA
d. International Chamber of Commerce

20. Service Area Approach is now restricted to

a. Government Sponsored Schemes only
b. High value rural advance
c. All type of advances
d. All of them

21. Amendment to the SBI Subsidiary Bank Act has allowed State Bank of India to
reduce its stake in subsidiaries bank to :

a. 33 percent
b. 40 percent
c. 51 percent
d. 75 percent

22. SBI Connect, the dedicted lease line connectivity is maintained by

a. FNS Australia
b. Datacraft Singapore
c. HP System USA
d. TCS India

23. We have purchased Trade Finance Software, Exim Bills from

a. China System
b. Infosys Ltd
c. Wipro Corporation
d. Intel Corporation



24. The organisation which has replaced BIFR is

a. NABARD
b. RBI
c. SEBI
d. NCLT

25. Within how many years the beneficiary of SBI Realty Scheme should construct
house?

a. One Year
b. Three Years
c. Five Years
d. Two years

26. Complimentary Vishwa Yatra Foreign Travel Card will be given to all travellers
going abroad who avail ___________loan?

a. Housing Loan
b. Car Loan
c. SBI Easy Travel Loan
d. Educational Loan

27. Indias first credit bureau through which commercial banks will share credit history
of customer is

a. Dun & Brad Street
b. CIBIL
c. NIIT
d. TCS

28. The number of active ATM cards in a branch should be more than ___% as per
Chairmans policy guidelines.

a. 50%
b. 60%
c. 75%
d. 80%

29. The first acquisition of SBI in overseas country is

a. Indian Ocean International Bank Limited
b. GIRO Commercial Bank Kenya
c. Nal Bank of Nigeria
d. PT Indo Monex of Indonesia

30. In respect of Ministry of Commerce the e-governance facility is popularly known as

a. MCA 20
b. MCA 21
c. MCA 27
d. MCA 28

31. Apart from USD,Pound sterling,Euro and Yen the other two currencies in FCNB are

a. Canadian Dollar and Australian Dollar
b. Australian Dollar and New zealand dollar
c. Singapore dollar and Australian Dollar
d. New Zealand dollar and Singapore dollar

32. The three associate banks where our Bank is having 100% share holding are

a. SBBJ ,SBH and State Bank of Saurashtra
b. State Bank of Hyderabad, State Bank of Patiala and State Bank of Saurashtra.
c. SBH, SBP and State Bank of Indore
d. SB of Indore, SBH and State Bank of Mysore

33. INFINET (ndian Financial Network) is a satellite based VSAT work developed by

a. RBI
b. IBA
c. IDRBT
d. SBI

34. Security thread is found in genuine notes of

a. All denominations
b. Rs. 2 and above
c. Rs. 5 and above
d. Rs.10 and above

35. Imperfect note means

a. Forged note
b. Soiled note
c. Oily note
d. A note of wholly or partially obliterated or undecipherable note.





36. Currency transfer debit means

a. amount debited to RBI on account of remittance
b. amount debited to LHO on account of remittance
c. amount deposited into the chest is more than the amount withdrawn
d. none of these

37. Signtrieve under Bankmaster refers to

a. Signature of customer
b. Signature of customer and officers
c. Signature of officers
d. Signature of officers of administrative offices.

38. Plastic cards implanted with a computer chip is known as

a. Credit Card
b. Smart Card
c. Debit card
d. ATM Card

39. SBI Express pertains to

a. Rupee remittances from Middle East Offices
b. US Dollar remittances from US based office
c. Pound remittances from London based office
d. None of the above

40. In respect of Savings Bank account photograph is to be renewed

a. Every year
b. Every two years
c. Every three years
d. No need for renewal

41. Fixed Interest rates in respect of our housing loans will be fixed for a period of

a. Two Years
b. Three years
c. Five years
d. Permanent. No Change.




42. Power of Attorney register is retained for

a. 20 Years
b. 30 Years
c. 60 years
d. Permanent

43. The highest number of Self Help Groups is in the state of

a. Tamilnadu
b. Andhra Pradesh
c. Karnataka
d. Kerala

44. Preventive Vigilance Committee is to be formed in the branch where staff strength is
more than

a. 10
b. 20
c. 50
d. 100

45. The colour of account opening form in urban branches is

a. Green
b. Pink
c. Blue
d. Red

46. One can buy forex from the bank ____days before travel.

a. 30 days
b. 60 days
c. 90 days
d. 180 days

47. There are certain financial instruments whose prices are derived from the price of
underlying currency or interest rate or stocks etc. These are known as

a. Derivatives
b. Securitisation
c. Leasing
d. Factoring




48. Premature payment in respect of PPF is authorised by

a. The respective branches where account is maintained
b. RBI
c. Department of Economic Affairs
d. Premature payment is not permitted in PPF

49. Which cricket personality is the new brand ambassador of Bank of Baroda?

a. Irfan Pathan
b. Rahul Dravid
c. Sachin Tendulkar
d. Mahendra Singh Dhoni

50. CIN under OLTAS stands for ______

a. Commercial & Institutional Negotiator
b. Certified Insurer Negotiator
c. Challan Identification Negotiator
d. Challan Identification Number

51. What does Gross Rate of Return denote?

a. % of net result to average working funds
b. Profit from advances
c. Average rate of interest on advances
d. Gross profit of the branch

52. What is the webaddress of our Internet Banking

a. sbi.co.in
b. statebankofindia.com
c. onlinesbi.com
d. mail.sbi.co.in

53. In respect of Safe Deposit Articles, the relationship between the Bank and the
depositor is

a. Bailor-Bailee
b. Custodian
c. Agent and Principal
d. Licensor and Licensee




54. As per the new system for issue and clearing of direct tax refunds the advice note to
ITROs would not be required for refunds upto

a. Rs.25000/-
b. Rs.24999/-
c. Rs.20000/-
d. Rs.10000/-

55. Our draft instruments when examined under Ultra violet rays will show the water
mark of

a. OurCorporate Centre building
b. SBI logo
c. Gandhis photo
d. SBIs registered office at Kolkota

56. STP Straight through process is the solution available for

a. Loan Tracking
b. Asset Liability Management
c. Treasury Management
d. NPA management

57. Power of attorney executed abroad must be stamped within __months of its receipt in
India.

a. One Month
b. Two Months
c. Three months
d. Six months

58. Under COPRA District Forum can entertain claims upto

a. Rs.10 lacs
b. Rs.20 lacs
c. Rs. 25 lacs
d. Rs.50 lacs

59. The committee constituted for looking into the legal aspects of bank frauds and
preparation of Best Practice Code

a. Narasimham Committee
b. Goiporia Committee
c. Mahadeven Committee
d. Mitra Committee

60. State Bank has launched an Information Technology joint venture with

a. WIPRO
b. INFOSYS
c. TCS
d. SATYAM

61. Period of abnormal delay in respect of collections refer to a delay of __days and
above.

a. 45
b. 30
c. 60
d. 90

62. For collection between Metro Centres/Major A class centres between our branches
the time frame is __days

a. 8
b. 10
c. 7
d. 6

63. Annual maintenance fee to be recovered from ATM debit card holders

a. Rs.50 per annum from the second year
b. Rs.50 at the time of issue
c. Rs.5o every year
d. Rs. 50 for those who do more than 100 transactions in a year

64. The hologram has nine digits number. The first two digits represent

a. Circle Code
b. First 2 digits of BSR code
c. RBI allotted code for our bank
d. First two digits of the branch code.

65. City Recovery Centre is renamed as

a. Centralised Recovery Processing Cell
b. Stressed Asset Resolution Centre
c. Centre for recovery of NPAs
d. None of the above

66. The nationalization of Reserve Bank of India took place in

a. 1948
b. 1949
c. 1950
d. 1951

67. The P report contains the business figures and profitability figures as on

a. Last Friday of the month and last working day respectively
b. Last Friday of the month
c. Last working day of the month
d. Last working day and last Friday of the month

68. In respect of limits upto Rs.2 lacs aggregate interest (including penal interest) not to
exceed

a. State Bank Advance Rate
b. 12%
c. Penal rate upto a maximum of 3%
d. Penal rate upto a maximum of 2%

69. The accounting year for RBI is

a. April-March
b. J uly-J une
c. October-September
d. J anuary-December

70. Kanakadhara may be accepted in the following currency

a. Indian Rupees, US Dollars, & Euro
b. Indian Rupees only
c. Indian Rupees, US Dollars & Yen
d. Indian Rupees & US Dollars only

71. Name of the paper based mechanism to leverage capabilities of CBS introduced by
the bank is called as __________.

a. No Frills Account
b. Multi City Cheque
c. Pre Paid Card
d. Gift Card




72. Foreign Trade Policy is framed by

a. RBI
b. EXIM Bank
c. DGFT
d. Ministry of Commerce Govt. of India

73. While renting lockers atleast ____% of the lockers should be allotted by branches on
first-cum-first served basis.

a. 60%
b. 80%
c. 90%
d. 95%

74. The government commission payable for pension payments

a. Rs.45 per transaction
b. Rs. 50 per transaction
c. Rs. 60 per transaction
d. 9 paise per Rs.100

75. What is the rate of Central Office Interest Payable on all NPAs?

a. 4%
b. 3.5%
c. 8%
d. 5%

76. Rehabilitation and Asset Recovery Branches have been renamed as

a. Stressed Asset Management Group
b. Stressed Asset Management Branch
c. Stressful Asset Managing Branch
d. RARB

77. Basel II would address the following risks

a. Operational Risk
b. Credit Risk
c. Management Risk
d. All the above




78. MCG would be having units with turnover limits

a. Rs.25 crores to Rs.350 crores
b. Greater than Rs.350 crores
c. Rs.100 crores to 500 crores
d. Upto Rs.25 crores

79. As per revised instructions under Savings Plus autosweep would be executed on

a. 10
th
and 20
th
day of the month
b. Weekly/Monthly as desired by the customer
c. Any periodicity as desired by the customer
d. 10
th
20
th
and 30
th
of the month

80. Business Continuity Plan would be devised during

a. First Week of J anuary
b. First week of April
c. First Week of J une
d. First week of October

81. Loans against term deposits in joint names payable to E or S can be granted at the
request of whom?

a. Both depositors
b. E or S
c. Neither of depositors
d. None

82. Fidelity insurance for single window operators is ______

a. Rs. 1 lac
b. Rs. 2 lac
c. Rs. 5 lacs
d. RS. 10 lacs

83. In IOR what is CTO?

a. Corrections to Outstanding
b. Correction memo to Other Circles
c. Corrections to Outward Clearing entries
d. None of the above

84. The General Ledger part of CBS transactions are supported through software named
--------

(a) B@ncslink (b) Finacle (c) Finance one (c) Datashift

85. Who has customized, integrated and implemented Core Banking Solution in State
Bank of India?

(a) FNS, Australia (b) Datacraft, Singapore (c) GE Capital, USA (d) TCS,
India.

86. B@ncs24, Software we use in CBS, has been purchased from -------

(a) M/S Comlink Services, USA (b) HP Systems, USA
(c) M/S Financial Network Services, Australia (d) M/S Oracle Corporation,
USA

87. Who are Tellers in Core Banking Solution branches ?

(a) Only Clerical Staff (b) Only Supervising Staff (c) All the Users (d)
None

88. What is the expansion of VPIS ?

(a) Valuable Persons In System (b) Very Popular Information Software
Variable Products Information Software (d) Valuable Paper Inventory System

89. Minimum length of password in CBS is ----- character.

(a) Four (b) Six (c) Eight (d) Five

90. Cheque truncation refers to the process by which

(a) After payment, cheques are cut to prevent misuse by unscrupulous persons
(b) Physical movement of cheques is curtailed being replaced by electronic
records of their content
(c) Cheques can be drawn on / made payable at various cities
(d) Entry of Stopped Cheques is recorded in the Bank master system

91. The Security of SBIs internet Banking site is certified by

(a) SECURESIGN (b) INBSIGN (c) TRUESIGN (d) VERISIGN

92. E-mail site of The State Bank of India is

(a) mail.sbi.co.in (b) emailsbi.com sbitimes.com (d) sbibriefcase.com

93. The minimum marks required to open a CIF in CBS is

a. 100
b. 110
c. 150
d. 200

94. Education Loan is now known as

a. SBI Education Loan
b. SBI Student Loan
c. SBI Scholar Loan
d. None of these

95. The committee which initiated tax reforms was

a. Kelkar Committee
b. Rangarajan Committee
c. Mitra Committee
d. Khanna Committee

96. Simplified Personal Loan is now known as

a. SBI Personal Loan
b. SBI Saral
c. Express Credit
d. None of these

97. Best Bank award for Internet Banking for Corporate Customer 2005-06 was
awarded by IDRBT to

a. ICICI
b. SBI
c. Citi Bank
d. Punjab National Bank

98. Phishing is a term associated with

a. Fraudulent method of stealing sensitive information.
b. Fishing in deep waters of the ocean
c. Core Banking Solutions
d. Golf



99. Customer day in our bank is observed on

a. 15
th
of every month
b. Every year on 1
st
J uly
c. Last Friday of the month
d. Not observed in our Bank

100. Our earlier symbol was

a. Banyan Tree
b. Mango Tree
c. Star
d. Neem Tree



































STATE BANK LEARNING CENTRE TIRUCHIRAPALLI

BAK/2007/08

EXIT TEST KEY

1. B 31. A 61. A 91. D
2. D 32. B 62. D 92. A
3. D 33. C 63. A 93. B
4. A 34. C 64. A 94. B
5. C 35. D 65. B 95. A
6. C 36. C 66. B 96. B
7. A 37. C 67. C 97. B
8. B 38. B 68. A 98. A
9. A 39. A 69. B 99. A
10. B 40. C 70. A 100. A
11. C 41. A 71. B
12. C 42. C 72. D
13. C 43. B 73. B
14. C 44. B 74. D
15. B 45. B 75. D
16. A 46. A 76. A
17. B 47. A 77. C
18. A 48. C 78. A
19. D 49. B 79. B
20. A 50. D 80. A
21. 51. A 81. A
22.B 52. C 82. C
23.A 53. A 83. A
24.D 54. B 84. C
25.D 55. A 85. D
26.C 56. C 86. C
27.B 57. C 87. C
28.C 58. B 88. D
29.A 59. D 89. B
30.B 60. C 90. B